Marcus Corp. (MCS) intrinsic value & 10-year financials
Marcus Corp. (MCS) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 10 fiscal years revenue grew 3.8% a year to $758.5M, with an average return on invested capital of 3.3%.
- Graham intrinsic value
- —
- Share price (Oct 17, 2026)
- $28.02
- Market cap
- $876.4M
- Revenue (FY2025)
- $758.5M
- Revenue growth (10-yr CAGR)
- 3.8%
- ROIC (10-yr avg)
- 3.3%
- Free cash flow (FY2025)
- $989.0K
MCS 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $758.5M | $12.7M | — | $989.0K | 2.2% | 2.3% |
| FY2024 | $735.6M | -$7.8M | — | $24.7M | 2.2% | 1.6% |
| FY2023 | $729.6M | $14.8M | — | $63.9M | 4.7% | 2.9% |
| FY2022 | $677.4M | -$12.0M | — | $56.4M | 1.2% | 1.0% |
| FY2021 | $458.2M | -$43.3M | — | $29.2M | -9.0% | -3.3% |
| FY2020 | $237.7M | -$124.8M | — | -$89.9M | -75.1% | -11.3% |
| FY2019 | $820.9M | $42.0M | — | $77.4M | 8.3% | 6.7% |
| FY2018 | $707.1M | $53.4M | — | $78.7M | 11.8% | 14.0% |
| FY2017 | $622.7M | $65.0M | — | -$5.8M | 12.1% | 12.7% |
| FY2016 | $543.9M | $37.9M | — | -$951.0K | 12.9% | 6.5% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
MARCUS CORP has demonstrated mature, steady growth, with revenue compounding at 3.8% annually over the past decade.
MARCUS CORP has historically struggled to out-earn its cost of capital, averaging just 3.3% ROIC.
MARCUS CORP has not shown aggressive share repurchases (>10% retirement) or a major balance-sheet leverage increase (>50% net debt growth) over the 10-year window.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, MARCUS CORP is modeled at -12.4% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $-5.73 per share.